Weekly Market Report from 1st Nov to 4th Nov

1. Format No: RH/ETE/WR
Revision No: 0
Date: 2 July 2012
For Week Ended
CEO’s Desk
The Nifty opened with upside gap on Diwali Muhurat
Trading and closed with marginal loss over its previous
closing session. It traded low in the entire week. Finally, we
witnessed much awaited close below the crucial and strong
support of 8500. This has justified our recent bearish view
on the market. The Nifty index lost 2.23 percent over its
previous week's close, wherein all the sectoral indices
except FMCG ended in red.
Resistance for Nifty – 8548/8085
Support for Nifty - 8614/8526
28,179.08 27,941.51
8,708.95 8,638.00
BSE Midcap 13,584.93 13,408.27
Capital Market Round-up
Index 24-Oct 28-Oct
Sensex
BSE Small cap 13,501.46 13,454.03
% Change
-0.84%
-0.81%
-1.30%
-0.35%
Nifty
28-Oct
Re / $ -0.05%
27,085.74 27,362.36
Market Indicators
Index 24-Oct
66.76 66.72
% Change
-3.65%
1.02%
Crude INR 3,372.51 3,249.46
Gold INR
28-Oct
Major Market Indices
Index 24-Oct % Change
Bankex 22,721.87 -1.49%22,384.14
Capital goods 15,000.46 -0.84%
Health Care 16,343.12 0.19%
14,874.24
16,374.08
Information
Technology
10,253.23 -2.52%
Metal 10,334.88 -0.48%
9,994.78
10,285.58
Oil & Gas 12,440.58 -1.16%
Power 2,028.59 -0.99%
12,296.39
2,008.43
Nikkei 17,234.42
Hang Seng 23,604.08
Global Market update
Index 24-Oct
Dow Jones 18,223.03
22,954.81
-0.34%
1.23%
-2.75%
% Change
18,161.19
17,446.41
28-Oct
For the Week Ended 31-10-16 to 04-11-16
Market Commentary
Past Week, Sensex moved down by 2.16% and Nifty
was down by 2.23%. Rupee appreciated 0.05% to
66.60USD.
Top gainer of the week is Sriram EPC Ltd. (40.49%) and
top loser is Rasoya Proteins. (-25%)
Economy New
 Overseas debt gets costlier for corporates. Read
More
 Private equity investment in RE rises 22 per cent y-
o-y in Jan-Sept 2016: Report Read More
 Indian economy to gain momentum in H2 FY'17:
Report Read More
 India's gross-value added growth to hit 7.6 per cent
this year: DBS Read More
 Gold import dips 55 per cent in H1 of 2016-17 Read
More
Industry News
Auto:
 Tata Nano failed customer aspirations in
totality: Maruti Suzuki Chairman R C Bhargava
Read More
:

2. Format No: RH/ETE/WR
Revision No: 0
Date: 2 July 2012
Banking/Finance:
 HDFC, ICICI Bank cut home loan rate by 0.15 per cent Read More
 Five more banks join the UPI bandwagon Read More
Telecom:
 Reliance Jio charges Sunil Mittal-driven Bharti Airtel of violating licence pact Read More
Services:
 GST rates: Walmart says progressive, cola makers cautious Read More
Media Coverage
 Coverage: DNA 3rd Nov, 2016
Topic: Right Horizons Spokespersons are experts across wealth management and investment advisory space for
retail investors. Read More
Learning Centre
Balanced Funds
Funds that invest in equity and debt instruments in varying proportions. These funds supplement
capital appreciation from equities with a steady return from debt instruments. To a large extent, the
returns depend on the performance of the equity portion in the portfolio. There is some flexibility in
changing the asset composition between equity and debt and fund managers use their judgment to
buy the best asset class at each time.
Source: Café Mutual
New Product Information
 Birla Sun Life Resurgent India Fund - Series 2 - Regular Plan –
Growth/Dividend
 NFO Opens on: 10th-Nov-2016
 NFO Closes on: 24th-Nov-2016

3. Format No: RH/ETE/WR
Revision No: 0
Date: 2 July 2012
 No Entry Load; No Exit Load
 Fund Class: Fixed Maturity / Interval Plans
 Investment Plan: Dividend/Growth
 Fund Manager : Satyabrata Mohanty (Since: Nov 2016)
 Min Investment: Rs.5,000
Mr. Dattatreya B K Head of Research dattatreya.bk@righthorizons.com
Ms. Richa Tilwani Sr. Financial Analyst richa.tilwani@righthorizons.com
Ms. Nibha Valsan Busines Analyst nibha.valsan@righthorizons.com
Right Horizons Research Team
You can also reach us at rhresearch@righthorizons.com
Disclaimer:
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